Freestanding Drive-Through
240 Douglas Rd, Oswego, IL 60543
For Sale
$895,000
Vacant restaurant building with established drive-through infrastructure, parking, monument signage, and multiple access points.
Property Size3,092 SF
Lot Size0.75 Acres
Price / SF$289.46
Days on Market94
Property Features for 240 Douglas Rd
General Information
Standard status
Size
Lot size
Property subtype
Lease Type
Site & Location
Drive-Thru
Pylon Signage
Traffic Count
Road Access
Amenities
Rare Opportunity to Acquire a Highly Visible Drive-Thru Asset in a Proven Retail Corridor
Excellent Visibility Along Douglas Road with 22,500 plus Vehicles per Day
Flexible Repositioning for Restaurant, Coffee, Medical, or Retail Uses
Strong Residential Growth and Affluent Demographics Drive Consumer Demand
Surrounded by National Retailers, Schools, and Established Residential Neighborhoods
Freestanding 3,092 Square Foot Building on Approximately 0.75 Acres with Multiple Points of Ingress/Egress and Monument Signage
Located Approximately 50 Miles Southwest of Downtown Chicago in Kendall Count
Building Details
Building Size
Buildings
Listing Agency:
Marcus & Millichap - Chicago Downtown
Listed By:
Brian Parmacek
(312) 624-7010
Source:
Marcusmillichap
Added: Aug 8
Changed: Oct 30
Last Checked: Nov 8 at 2:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Chicago Downtown
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Investment Insights
Based on property information with market context.
This freestanding vacant restaurant property includes a 3,092-square-foot building on approximately 0.75 acres. Existing improvements include a drive-through, parking, monument signage, and multiple points of ingress and egress. The configuration is suited to continued restaurant use and may also accommodate coffee, retail, medical, or other service-oriented operations, as supported by the existing infrastructure.
The property is located on Douglas Road in Oswego, Illinois, along a commercial corridor carrying approximately 22,500 vehicles per day. It is approximately 50 miles southwest of downtown Chicago in Kendall County, with surrounding residential neighborhoods, schools, and national retailers identified nearby. Access to the surrounding area is supported by the property's multiple entry and exit points.
The property is located on Douglas Road in Oswego, Illinois, along a commercial corridor carrying approximately 22,500 vehicles per day. It is approximately 50 miles southwest of downtown Chicago in Kendall County, with surrounding residential neighborhoods, schools, and national retailers identified nearby. Access to the surrounding area is supported by the property's multiple entry and exit points.
Key Highlights
- 3,092‑square‑foot freestanding restaurant building
- Approximately 0.75 acres in Oswego, Illinois
- Existing drive‑through configuration and restaurant infrastructure
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,760
Cap Rate
5.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,035,200
$1.0M
Cap Rate 7%
$739,429
$739.4K
Cap Rate 9%
$575,111
$575.1K
Market Conditions
NOI Build-Up for 3,092 SF
Gross rent
$74.2K $24.00/SF
− Vacancy
−$5.2K −$1.68/SF
EGI
$69.0K $22.32/SF
− OpEx
−$17.3K −$5.58/SF
NOI
$51.8K $16.74/SF
Area
Kendall County, IL
Vacancy
7.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,035,200
Cap Rate 7%
$739,429
Cap Rate 9%
$575,111
Alternative Uses
Best Use
Specialty Retail
$739.4K
$647.0K – $862.7K
NOI $51,760 @ 7.0% cap · market cap 5.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$843.1K
$737.7K – $983.7K
NOI $59,019 @ 7.0% cap · market cap 6.59%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
22,500 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
443
Businesses Nearby
40k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 100%
Blain's Farm & Fleet
Apparel
40,421 visits/mo
0.5 miles
Demographics for 60543, IL
40,299
Population
14,327
Households
2.8
Avg Household Size
37
Median Age
42%
College-Educated
94%
High-School Grad
41.9 sq mi
ZIP Area
962
Density / Sq Mi
$116,507
Median Household Income
$54,783
Median Earnings
$1,558
Median Rent
$319,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Vacant restaurant building with established drive-through infrastructure, parking, monument signage, and multiple access points.
Where is this drive through restaurant located?
The property is located at 240 Douglas Rd Oswego, IL.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 3,092‑square‑foot freestanding restaurant building; Approximately 0.75 acres in Oswego, Illinois; Existing drive‑through configuration and restaurant infrastructure
